Press release
Global Vertical farming market is anticipated to flourish at a CAGR of 19.1% Forecast By 2023
The global vertical farming market is anticipated to flourish at a CAGR of 19.1% during the forecast period i.e. 2018-2023. Factors such as high crop yield, decreasing arable land, increasing demand for foods are believed to offer significant market growth opportunities in the years ahead. Asia Pacific ranks as the fastest growing market led by increasing population in the region.
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The report begins with an overview for Vertical Farming Market. The research report broadly covers analysis of key market drivers, challenges, opportunities and trends. The study also provides separate analysis to understand market size, projections and macroeconomic indicators of global regions that affects the market share. The report also offers an extensive coverage of various industry players along with their recent product launches and market activities. The report also goes through porter’s five analyses for getting a better understanding about the forces that shape competition within the industry. There is a timeline considered for useful analysis i.e. 2017 is considered as base year, 2018 as estimated year and 2019-2023 as forecasted year. The market is divided into various segments and further sub-segments to drive the useful insights that can be utilized for company revenue growth and business.
The Vertical Farming Market is segmented on the basis of
By Growing System
- Hydroponics
- Aeroponics
- Aquaponics
- Others
By Equipment & 0fferings
- Lighting
- Climate Control
- Sensors
- Growing Supplies
- Hydroponics Components
- Pumps and Irrigation System
- Water Filtration System
- Others
- Aquaponics Components
- Rearing Tank
- Settling Basin
- Filtration unit
- Others
By Farm Products
- Leafy Greens
- Herbs
- Microgreens
- Herbs
- Tomatoes
- Medical Cannabis
- Cucumber
- Strawberry
- Peppers
- Onion
- Fish
- Flowers
- Others
By Application
- Commercial
- Home Food Production
- Others
The research also does a separate geographical analysis that comprises both the region wise and country wise analysis. The geography covered in the report is North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe) , Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific) Latin America (Brazil, Mexico, Argentina and Rest of Latin America) and Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa). As per the report, Asia Pacific is likely to be the market giant in the upcoming years.
Considering the competition, the major vendors providing Vertical Farming Market across the globe are
- Pentair Plc
- Nelson and Pade Inc.
- Aerofarms
- AmHydro
- Green Life Aquaponics
- American Hydroponics
- Green Sense Farms, LLC
- Aerofarms LLC
- Gotham Greens LLC
- Green Sense Farms LLC
- Other Major & Niche Players
These vendors have adopted various types of organic and inorganic growth strategies, such as new product launches, business expansions, partnerships and collaborations, and mergers and acquisitions, to expand their offerings and further expand their presence in the Vertical Farming Market.
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Table of Content:
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Vertical Farming Market
3. Global Vertical Farming Market Trends
4. Opportunities in Global Vertical Farming Market
5. Recent Industry Activities, 2017
6. Porter’s Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Products Average Price Analysis, By Country
9. Global Vertical Farming Market Size & Forecast (USD Million), (2017-2023)
10. Global Vertical Farming Market Segmentation Analysis, By Growing System
10.1. Introduction
10.2. Market Attractiveness, By Growing System
10.3. BPS Analysis, By Growing System
10.4. Hydroponics Market Size & Forecast (USD Million), 2017-2023
10.5. Aeroponics Market Size & Forecast (USD Million), 2017-2023
10.6. Aquaponics Market Size & Forecast (USD Million), 2017-2023
10.7. Others Growing System Market Size & Forecast (USD Million), 2017-2023
11. Global Vertical Farming Market Segmentation Analysis, By Equipment & 0fferings
11.1. Introduction
11.2. Market Attractiveness, By Equipment & 0fferings
11.3. BPS Analysis, By Equipment & 0fferings
11.4. Lighting Market Size & Forecast (USD Million), 2017-2023
11.5. Climate Control Market Size & Forecast (USD Million), 2017-2023
11.6. Sensors Market Size & Forecast (USD Million), 2017-2023
11.7. Growing Supplies Market Size & Forecast (USD Million), 2017-2023
11.8. Hydroponics Components Market Size & Forecast (USD Million), 2017-2023
11.8.1. Pumps and Irrigation System Market Size & Forecast (USD Million), 2017-2023
11.8.2. Water Filtration System Market Size & Forecast (USD Million), 2017-2023
11.8.3. Others Market Size & Forecast (USD Million), 2017-2023
11.9. Aquaponics Components Market Size & Forecast (USD Million), 2017-2023
11.9.1. Rearing Tank Market Size & Forecast (USD Million), 2017-2023
11.9.2. Settling Basin Market Size & Forecast (USD Million), 2017-2023
11.9.3. Filtration unit Market Size & Forecast (USD Million), 2017-2023
11.10. Others Market Size & Forecast (USD Million), 2017-2023
Continue…
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